UTSL vs. QQQA ETF Comparison
Comparison of Direxion Daily Utilities Bull 3X Shares (UTSL) to ProShares Nasdaq-100 Dorsey Wright Momentum ETF (QQQA)
UTSL
Direxion Daily Utilities Bull 3X Shares
UTSL Description
The investment seeks daily investment results, before fees and expenses, of 300% of the daily performance of the Utilities Select Sector Index. The fund, under normal circumstances, invests at least 80% of its net assets (plus borrowing for investment purposes) in financial instruments that provide daily leveraged exposure to the index and/or ETFs that track the index. The index is provided by S&P Dow Jones Indices and includes domestic companies from the utilities sector which includes the following industries: electric utilities; multi-utilities; water utilities; independent power producers and energy trades; and gas utilities. The fund is non-diversified.
Grade (RS Rating)
Last Trade
$40.44
Average Daily Volume
231,959
31
QQQA
ProShares Nasdaq-100 Dorsey Wright Momentum ETF
QQQA Description
ProShares Trust - ProShares Nasdaq-100 Dorsey Wright Momentum ETF is an exchange traded fund launched and managed by ProShare Advisors LLC. The fund invests in the public equity markets across the globe. It invests in the stocks of companies operating in the non-financial companies. The fund invests in momentum stocks of large cap companies. It replicates the performance of Nasdaq-100 Dorsey Wright Select Index. ProShares Trust - ProShares Nasdaq-100 Dorsey Wright Momentum ETF was formed on May 18, 2021 and is domiciled in the United States.Grade (RS Rating)
Last Trade
$46.20
Average Daily Volume
2,702
21
Performance
| Period | UTSL | QQQA |
|---|---|---|
| 30 Days | 0.35% | 4.52% |
| 60 Days | 5.18% | 7.67% |
| 90 Days | 24.35% | 8.83% |
| 12 Months | 100.09% | 26.58% |
1 Overlapping Holdings
| Symbol | Grade | Weight in UTSL | Weight in QQQA | Overlap | |
|---|---|---|---|---|---|
| CEG | C | 3.95% | 3.85% | 3.85% |
UTSL Overweight 30 Positions Relative to QQQA
| Symbol | Grade | Weight | |
|---|---|---|---|
| NEE | C | 8.6% | |
| SO | C | 5.28% | |
| DUK | C | 4.8% | |
| SRE | A | 3.23% | |
| AEP | C | 2.81% | |
| VST | A | 2.76% | |
| D | C | 2.65% | |
| PCG | A | 2.47% | |
| PEG | A | 2.44% | |
| EXC | C | 2.15% | |
| XEL | A | 2.14% | |
| ED | C | 1.83% | |
| EIX | B | 1.78% | |
| ETR | B | 1.75% | |
| WEC | A | 1.72% | |
| AWK | C | 1.46% | |
| DTE | C | 1.37% | |
| PPL | A | 1.37% | |
| AEE | A | 1.35% | |
| ATO | A | 1.25% | |
| ES | C | 1.22% | |
| FE | C | 1.17% | |
| CMS | C | 1.12% | |
| CNP | A | 1.11% | |
| NRG | B | 1.05% | |
| NI | A | 0.9% | |
| LNT | A | 0.87% | |
| EVRG | A | 0.81% | |
| PNW | A | 0.57% | |
| AES | F | 0.54% |
UTSL Underweight 20 Positions Relative to QQQA
UTSL: Top Represented Industries & Keywords
QQQA: Top Represented Industries & Keywords
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